75B - PH AMEDNING CH 41 HOO - Laserfiche WebLink

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city, consistent with the type of affordable housing needed at the time of project review. 2. Rehabilitated units outside a designated target area. The developer may satisfy the inclusionary unit requirements for the project, in whole or in part by substantially rehabilitating existing housing units elsewhere within the borders of the city at a rate of one and one-half (1Y2) habitable square feet per each required habitable square foot of inclusionary units. 3. Rehabilitated units within a designated target area. Upon application, the developer may satisfy the inclusionary unit requirements for the project, in whole or in part by substantially rehabilitating existing housing units elsewhere within the borders of the city at a rate of one habitable square foot per each required habitable square foot of affordable inclusionary units. (c) In -lieu fee. (1 \ / f '* In the f Residential Droi� n Mining CT� 5T� i o e�e%aim$�oc$e�gr-'cr-rtc 'vrTTcJ erg behyeen fide /S\ Rrl twenty (29) sideR+ial Io+s AF FesideRtial Rite the inayIleveloner eleg+ +o satisfy the IRnLmioRaFy I IRi+ FequiFernents for the Dro ion+ uihole OF OR art by n eR+ of a fee in Iivi 1 of n Rs+n ig+ing s GMe OF all of the r rPd i note The a n+ of +he fee allowed by +hoc sec.+ien Shall he five dells Fs n square feet (" 001ff 2—\ of the sum +etal of the number of T--v�--n-r��aiTr-�vRr-ormc�zcr"mvcr habitable s e fee+yAthin the eR+ire Droieg+ a6 mea6ured from the ev+erier vialls of +her sirlen+ial units. This gakzula+ien does not inczlude ev+erier hallway6 GommoR aFeas, laRrlsoape opeR 6paGe 9F ev+erier staipNays (2-1) More than 20 units. In +,. ;e c;ase of a A Residential p.Project comprised of more than twenty (20) residential lots or residential units, the developer may elect to satisfy the Inclusionary Unit requirements for the Project, in whole or in part, by payment of a fee in lieu of constructing some or all of the required units. The amount of the fee allowed by this section shall be fifteen five dollars per square foot ($4- 5.00/ft. 2 ) of the sum total of the number of habitable square feet within the entire Project, as measured from the exterior walls of the residential units. This calculation does not include exterior hallways, common areas, landscape, open space or exterior stairways. (2) Entitled Residential Proiects. The applicant(s) of an Entitled Residential Project (see Exhibit A) may either construct the inclusionary units or pay an in lieu fee as follows: (i) Twenty (20) or fewer units. In the case of an Entitled Residential Project containing between five (5) and twenty (20) residential lots or residential units, the Developer may elect to satisfy the Inclusionary Unit requirements for the Project, in whole or in part, by payment of a fee in lieu of constructing some or all of the required units. The amount of the fee allowed by this section shall be five dollars per square foot ($5.00/ft.) of the sum total of the number of habitable square feet within the entire Project, as measured from the exterior walls of the residential units. This calculation does not include 75B-34